India Stands Out for Cheap Bonds as JPMorgan Index Date Nears
Indian equities have soared to become among the world’s most expensive, yet its bonds appear relatively cheap despite being Asia’s best performers this year.
Indian equities have soared to become among the world’s most expensive, yet its bonds appear relatively cheap despite being Asia’s best performers this year.
Oil held a modest decline, with a risk-off tone in broader markets countering a drawdown in US stockpiles.
The Swiss National Bank returned to a quarterly profit because of the weakness of the franc, potentially helping officials to rebuild the central bank’s depleted capital base.
Deutsche Bank AG’s investment arm DWS Group posted inflows that pushed assets under management to a record high, as investors increased their allocations in passive products.
BNP Paribas SA’s fixed-income traders trailed all of the large Wall Street banks in the first quarter, taking the shine off a strong performance in other parts of the investment bank.
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